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Search Results 0 to 36 of about 37 (some duplicates have been removed)
. cheryl: one of the things we look on a daily basis during the market hours is what the euro is doing versus the dollar. always surprised me that the euro never went below like a $1.22 or so against the dollar. now you have the pound. i know you don't like the pound. so i'm curious kind of how you're playing that over in europe right now. >> it's been very interesting. just a year ago, everybody thought that the euro was going dramatically lower, sub 120, 115. i think the major aspect to that is what was it in relation to? we were talking about it in relation to the dollar, and the fed kept on printing money. and the ecb in contrast really has not printed money. they are not injecting new funds into this, whereas what i think is going on with sterling, you know, they are going to probably be the brink of triple dip recession come this friday in the fourth quarter gdp figures. their economy is not doing very well. they will probably have to stimulate that economy going forward. and probably talk about further asset purchases out of them over the next couple of months. cheryl: i have pl
policy response generally to the european union, the euro project, i should say. we have the euro group separately meeting. we have this little issue of cypress. in terms of gdp, it's little. politically, though, it could be much more significant. tie this altogether for us. how important is an essential change of power in germany to these continued effort to resolve the crisis in cypress or other member states? >> i think the key issue is that germany is a big importer from spain, italy and the periphery. if the german numbers weaken, we'll see that later in a periphery. >> especially through spain. >> ultimately, this is really an economic story. the periphery are a lagging indicator of what's going on in germany. my concern is sooner or later, these peripheral equity may start to be under pressure again. what are your positions on debt? >> i think at this stage we're still comfortable with the core. the reason, there's probably another risk off take his. whatever the reason behind it, it tends to protect the periphery, not the core. for example, france continues to perform very, very
major challenges confronting us today. first, the problems in the euro zone are driving fundamental change in europe. second, there is a crisis of european competitiveness as other nations across the world sort ahead. and third, there is a gap between the eu and its citizens which has grown dramatically in recent years. and which represents a lack of democratic accountability in consent that is, yes, felt particularly acutely here in britain. if we don't address these challenges, the danger is that europe will fail and the british people will drift towards the exit. i do not want that to happen. i want the european union to be a success. and i want a relationship between britain and the european union that keeps us in it. that is why i am here today. to acknowledge the nature of the challenges we face, and to set out how i believe the european union should respond to them. and to explain what i want to achieve for britain and its place within the european union. so let me start with the nature of the challenges we face. first, the euro zone. the future shape of europe is being forge
auction where in their first big debt aukz of the year, they're 5.8 billion euros above their 5 billion target. here is what's happening across the curve in bond markets in europe. the spanish ten-year, 4.99%. in italy, 4.17%. the bund, meanwhile, about 1.5%. gilt just over 2%. the interesting point here, guys, is that part of the reason why this is we're waiting on the ecb's latest decision. they're not going to need to do much more if current market conditions prevail. this is a pretty good way for them to start. so that auction going well, spanish yields coming into euro. if i can give you a sense of what's happening in other markets, the euro is higher. european equities for the most part as you're looking there are mixed to flat. but here is a look at what's been grabbing our attention. up .3% to 1.31. that i just want to bring your attention to. the all of points down there, you're looking at the dollar/yen. that's the other major story that we continue to follow. 88 was the level breached in trade today as the yen continues to weaken by the dollar by .is 3%. we'll wait to see if
said congress voted no. it is going to be an amazing debate. the euro turns 14 today. happy birthday, euro. has it been a success? what would it cost you, and i'm not just talking about the initial outlay, but upkeep, garden webs staff, dresses, everything that goes with it, well talk about that with robert frank as well. back to you on "power lunch." >> can't wait for that one, mandy. thank you very much. this is a booming section of the tobacco industry. none other than the electronic cigarettes. it is making cigarettes more life like and big tobacco is taking notice in a big way. jane wells is in los angeles with more. hi, jane. >> hi, sue. for those of you trying to quit smoking this year, big tobacco's not worried. it is investing in a solution to your resolution, competing with a diverse group of tech startups. >> who's got my god [ bleep ] cigarette. >> james cameron took heat for having his character played by sigourney weaver in "avatar" smoke. >> john cameron bag ceo of safecig, to build a product becoming ever closer to recreating the experience of smoking without the carc
throughout the euro zone by the ec be or some other agency -- ecb or other agency. that would make the european banking system less dependent on other countries. steps are being taken that i hope will help stabilize that situation. in the emerging markets, you have a variety of different stories. the fundamentals in the emerging markets are pretty good. even if there is moderation of growth in some countries, we are seeing overall a remarkable transformation of places like china and india, which has been the biggest anti-poverty program in history. the growth in those countries has lifted many millions of people out of poverty. the growth will proceed in those areas as well. with each country, each region -- latin america, asia, dealing with different sets of issues. >> i know the our audience has many questions to pose to you. given all of the range of things that we have already discussed, are there 1 or two particular things and keep you up at night? >[laughter] >> we have a dog that is big that sleeps with us. [laughter] i tried to get as much sleep as possible. it did not work
the victim is michael po, the 23-year-old missing since the early-morning hours of new euro's day. he was with some friends in adams morgan but split from the group and never returned for his home in clarkburg, maryland. >>> coming up next, how would your job handled 100 sick calls in one day. i don't think they would do very well that. >> especially not here. that is a problem that d.c.'s fire department was faced with on new year's eve. and now some questions are being raised. we'll have more on a fox 5 exclusive coming up. >> later o pop star justin bieber calls for change after a photographer is killed while trying to capture images of the singer.  >>> we are hearing from d.c. fire officials about a big problem they that'sed on new year's eve. more than 100 firefighters called out sick. at least 11 ambulances went on staff and supervisors were forced to ask for help from prince george's county. >> one man died waiting for an ambulance and a stabbing victim was transported to the hospital on a fire truck. paul wagner has the story. >> reporter: the firefight
against the euro, which is at 11-3358. and gold prices are down, $1,678.20 an ounce. >>> michael corbett says the bank has the right status to generate future growth. speaking at the world economic forum in davos, he tells cnbc that several years worth of revamping efforts are beginning to pay off. >> over the last year, we've simplified the company a lot the. we've become smaller, we've become simpler. >> corbat took over in october after the resignation of chief vickram pandit. >> very sharp in the stripes. >> yeah. >> the gegco, do we have a shot at him? >> no. >> that looks pretty good. there's product in there. what do you think, it's water? there is product. and, you know -- >> davos, they tend to walk out with wet hair and it turns to ice. >> but people don't look that good in davos, normally. >> that's true. >> he looks like a banker there. i think he has a lot of potential as far as his looks go. in the world economic forum in davos is in full swing. let's get to andrew buzzing in the mountains of switzerland. you're a big apple-phile, too. >> you're hoping people look good in d
-- trouble role, please. we're frozen at this point. yielding 1.972%. the euro yet was at a 14-month high versus the dollar. and you can see right now, the dollar is stronger against the eu euro. gold prices are down by about 6.30, $1675.30 an ounce. right now, let's get to the global markets report. ross westgate is standing by in london. good morning. we haven't seen you in quite a while. you have a lot of red behind you this morning. >> we have, indeed, becky. i saw andrew more recently than i've seen you over there in davos. yeah, look, we are down. you can see decleaners outpacing the decliners. we're down at the session low. down around .0. the spanish market down 1.5%. that's down to bank stocks. they're all off heavily because of santander. santander is europe's largest lender in the eurozone. stock off 2.3% today. there's 2012 net profit more than halved hurt by big losses in real estate, write-downs and property assets. also key growth spots as latin america down, as well. they're setting aside another 18 billion or 19 billion euros for provisions in 2012. they said they may sti
year and accepted a plea deal in exchange for a 5-euro prison sentence. >>> there is a big push to bring the fbi headquarter to northern virginia. local, set and congressional leaders met in arlington to brainstorm ideas that will convince the feds to relocate somewhere in the commonwealth. they are pushing hard for a site in fairfax county. meanwhile, in maryland, prince george's county and montgomery county are both in the running as well. >>> senator tim kaine is also among those pushing to bring the fbi headquarters to virginia. the former virginia governor was sworn in last week. senator kaine, he is going to join us live here in studio at 7:30 this morning to talk mother about his plans as he settles into his new job on capitol hill. >>> time now for the morning line as robert griffin iii continues to recover. the nfl players association may launch an investigation into the handling of his injury. if they go forward, independent doctors will be brought in to see if the redskins followed the recommendations of their medical staff and in the nfl playoffs, two of the greatest
. she was sentenced to one-euro probation for breaking and entering. her latest act leaves some a little concerned. >> and then breaking in and then randomly leaving a bill. its adjust scary when i got my sister and little niece inside. >> warren was arrested and charged with violating her probation stemming from her breaking entering charge for her act of cleaning. >> i wonder what that is all about. >> the sidewalk thing -- i mean. >> she can come shovel mine. >> i haven't gotten to my sidewalk either. >> and i haven't gotten the cleaning inside my house. if she wants to get the $75 and clean the house. she doesn't have to break in. just knock on the door. there is something going on there. speaking of bizarre, we haven't had that in the super bowl before. it is harbaugh versus harbaugh. coaches, brothers against each other. follow liz divided -- families divided. who will mom and dad side with? how about dave ross and i talk about this like two men in the arena. or two boys on the playground. the morning line is coming up next.  >>> welcome back. a live look
the average for the entire 20th century. unemployment across the euro- zone countries has hit another record high, 11.8%, in november. the european union reported today the jobless rate rose more than a full percentage point from a year earlier. greece had the single biggest year-to-year increase, jumping seven points to 26%. across the e.u., some 26 million people were out of work. wall street was down again today as the market marked time, waiting for corporate earnings announcements. the dow jones industrial average lost 55 points to close under 13,329. the nasdaq fell seven points to close below 3092. those are some of the day's major stories. now, back to gwen. >> ifill: we return to the u.s. consulate attack in benghazi, the only known suspect held in connection with the incident was released today in tunisia. his attorney said he was freed because of a lack of evidence. the attack, which killed u.s. ambassador to libya christopher stevens and three other americans was seen by large crowds and captured on security cameras, but the culprits have remained elusive. libyan witnesses have r
. but i'm romantic about politics. >> euro man tick about -- >> are you? you're not. you're pretty -- >> no, i try to operate in a world of facts and -- >> you're a realist, i'm an idealist. i like to imagine a world where, yes, we absolutely can get it done. >> and she will be on the platform with president obama watching tomorrow as we all will. >>> coming up, presidential life in pictures. two former white house photographers capturing some of the most iconic moments of a president's -- we're going to show you remarkable behind the scenes photos and they're going to talk about how they captured them. michelle obama got rave reviews for her inaugural gown last time around. how the first lady's fashion has evolved over the years and what it means to designers in this country. we'll be right back. s® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. maybe even a little better. visit your eyecare professional today to ask about our newest lenses, transitions vantage and transitions xtractive lenses. experience life well
rekonkry. >> we're in a better place than the rest of the world. the euro crisis is not over although it seemed to have been abated. that's going to keep happening. the chinese economy is in bigger trouble than it's been in a long time. so that's worrisome. and so in the u.s., the real problem ultimately is a political problem because our economy is slowly recovering. things are starting to turn around and what could spiral us backward really is if one of these upcoming fights on sequestration or the next debt cellin ceiling, you know, finally causes it to -- >> that is sort of baked in the cake. everybody expects they're going keep kicking it down the road. why, then, do we have a surge in stock market? >> one is that corporate profits are very good. but don't forget, corporate companies are holding that money aside. they don't want to reinvest. they're worried about the economy and it's not that helpful. the season reason is because the federal reserve has kept interest rates so, so low that there's almost no other place for people to put their money. so it's less a function of the
, including the euro and pound. we'll be right back. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge caraccount with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it tells you after the fact, sometimes as much as 30 days later. with lifelock, as soon as our network spots a threat to your identity, you'll get a proactive risk alert, protecting you before you become a
. chinese real estate did not blow up. germany and greece are both still in the euro area. despite all the doom and gloom from last year, those big catastrophic event did not happen. i think it is the fading of that risk that is helping the market today. it was not just last year. the most accurate industry is actually mineralogist. they are about the only guys that get it right. we pretty much know what the weather is going to be. it is tough to kind of, know what to expect in the new year other than that the opposite. >> i do not know about always wrong, but it certainly is true that forecasters do not have a great record. connell: what are you expecting this year. it could be a completely different environment. many of those doomsday people are still expecting a mess, politically. after a while, you start to say, when will be the time that we do not get a last-minute deal? there is some percentage that fear that. is it reasonable? >> i think that is true. there certainly are some possibilities. the real fear has been kind of dissipating from the market. for example, we have lowered
,000 euros or about $5,000 in restitution. >>gretchen: new york top cop ray kelly wants to put fake pill bottles in pharmacies with real supplies to track robbers. >>eric: our fears over the flu, widespread flu outbreak getting out of hand? at least one new york city youth sports group is discouraging kids from giving high fives and fist bumps. the manhattan soccer club sent parents an e-mail warning them the safest thing to do instead is to touch elbows. elbow-five bump. i agree with that. i like that idea, elbow bump. >>gretchen: in big groups over the weekend they were telling people don't shake hands. >>steve: it will be interesting to see if the catholic church suspends signs of peace during the cold or flu season. check out this video from glendale, arizona. a family making the most of the chilly weather, turning their frozen pool into a hockey rink. it wasn't thick enough to stand on but they were able to pass the puck. maria molina joins us now. maria, it is not frozen everywhere like it is there in arizona, but it is chilly in the middle. >>maria: very cold out west. we have tem
euros i was going to by the congress in 1994, and in 93 i went around to things like this and there was so much excitement out there. there was excitement out there because there wasn't just one talk radio guy that everybody listen to, or one news channel that everybody listen to, or one website that everybody went to. you would give a great welfare reform idea from john engler in michigan. he would get great crime control ideas from tommy thompson in wisconsin. and newt gingrich, along with trent lott, along with connie mack, along with jack kemp, they were churning ideas out every single day. so in 93 and 94, when i ran, i just plugged my campaign into all the things that gingrich, i think a pretty severe critic but i'll tie you what, it was him doing the very things that ross is complaining about that this republican party and our house doesn't do right now that gave us the majority. i remember in 93 going into the rnc and they had a sign that said think majority. they just laughed but i was like are you kidding me? we have no chance. we have been in the majority i
chaotic place right now. you have a people associated with the arab spring. you have the euro crisis. you have a global recession. you have a rising china. it is a very a out of world right now. i'm not sure that it's going to be less -- it is a very chaotic world right now. i'm not sure that it's going to be less chaotic if we pull back, because bad actors will fill that power vacuum. host: james kitfield of the "national journal." caller: google james morris, r ussia today, you will see that it is a spinoff --sia russia today, you will see that it is as enough -- a spinoff. guest: they kind of backed the idea that assad just stay in power. israel likes the status quo. the arab spring totally reshuffles the strategic calculus for israel, especially with the peace treaty. the israelis are very nervous about a lot of the repercussions from the arab spring. are they pushing for this rebellion that gets rid of assad? not to my knowledge. it has been really focused on the shiite gulf countries like saudi arabia -- sunnis in the saudi arabia. saudi arabia, qatar, and others have been very wo
are waiting for vice- president joe biden and joe biden and the salute to euros ball. while we wait for vice president biden, we will take you back to the west front early today and the oval office for president obama. >> please raise your right hand and repeat after me. i do solemnly swear that i will faithfully execute the office of the president of the united states. and will, to the best of my ability, preserve, protect, and defend the constitution of the united states so help you got it. congratulations, mr. president. ♪ >> president obama from early today, the of the office said minister yesterday on the twentieth as mandated by the constitution. in just a couple of ads, we expect to hear from vice- president joe biden. it is the first of a couple of stops for the vice president. president obama will have a couple of stocks this evening. the commander-in-chief and the inaugural ball over at the washington d.c. convention center which is in nearby washington. we shall use wearing in from the president this morning. all of this is available at the video library at c-span.org. >> ladies
. that helped push the euro to the highs of the day. we're showing you the ten-year yield for spain over the last year. it's down -- we wanted to give you context. remember it was the summer when they were getting very nervous about 7% yields. now we're down to 5%. some of the spanish bonds very long term. due in 2041. so they have clearly regained some of the confidence of the markets. take a look at this six-month chart. the big decline in particular of nearly 30% when it comes to their long-term interest rates. european stocks, they were choppy today though. driven in part by a german news report that said german regulators are running a simulation on what would happen if banks were forced to split their retail and investment activities. think of german glass steagall. so they got hit particularly hard, falling more than 3% before recovering off the lows. there were rumors denied by the bank that they'd offer a profit warning. you can see the big hit here. the overall german market improved after the confidence data came out in the country. better than expected. but still, an overall
of folks that over the last couple of years said the euro zone wasn't going to make us, europe wouldn't be with us anymore, that clearly was overstated. it never was going todom pass. the united states had all sorts of issues in its own government. you didn't see double-dip recession in the u.s. think about before the u.s. election how many people said these companies are keeping trillions of dollars on the sidelines because they're worried about the u.s. how many people are keeping trillions of dollars on the sidelines because they're worried about uncertainty in china? china is more uncertain. two thirds of the world's growth comes from emerging markets. these are countries much more volatile. now the financial crisis finally in our rear-view mirror, we'll spend more time in there. >>eric: what the arab summer? arab spring, arab summer? >> we have a boom going on, offshore gas brazil and mexico. as a consequence, the down side in the middle east which is exploding, that will have less impact on the u.s. ironically the fact that it has less impact on the u.s. means the likelihood tha
, particularly the advanced economies. as far as the euro area is concerned, we feel that a lot has been achieved in terms of policies, in terms of new tools in the tool box that europeans have available to fight crisis. yet fire walls have not yet proven operational. progress needs to be made on banking union and clearly continued, if not further monetary easing will be approved in order to sustain demand. for the united states, we think that all sides should pull together in the national interest, avoid further avoidable policy mistakes that is threatening -- that is continuing to agree on the debt ceiling and reaching agreement on the medium term debt reduction that i mentioned earlier. for the non-events economies, i am putting together the emerging markets as well as the [indiscernible] countries. clearly, those countries are fearing a much better case in terms of growth. but everywhere i have travelled in the last few months, in africa, in latin america, and in asia, there has always been a concern about the lack of decisive action to address the advanced economies crises. so those spillove
of people killed by firearms is extraordinary compared to other nations. euroing we're i don't think we're a blood thirsty culture and we need to look at everything we can do to safe guard our people. >> i appreciate your honesty on this. let me quickly ask you, the "rolling stone" article kind of exploded on our show that morning it broke and led to a fairly quick departure. do you feel misunderstood about parts of those -- the repo reporting -- and is there anything you would change looking back? >> first, i would tell you, as a commander, i take responsibility for what happened. when i came back to offer my resignation to president obama, that's exactly what i told him, i take responsibility, because that's what commanders do, and move on. i think that the media controversy that arose around that, i actually believe that it may not be entirely accurate, but the commander in chief who i worked for was my commander in chief and still my commander in chief. i owe him not to put such things on his desk, not to have him face controversies. whether it's my fault or not, it's my responsibil
. these are all measured in dollars. when there is a sense of crisis in the currency, whether they are euros or dollars, large investors are looking for their value. where is their value out there? where can they put their currencies? if you look back to 2008 -- that was when we saw the first major spike in the price of global food. we saw a sense that we cannot want to put money in equities. real estate was tanking. the debt market was tanking. where do we put all of this cash we are sitting on? in commodities. a bunch of academic studies came out same commodities were a legitimate form of asset allocation. instead of just putting our money in stocks and bonds and mutual funds, now you will see a lot of money managers allocating assets into commodities. this is only possible through newfangled derivatives through wall street, electronically traded funds. that is the way food becomes an asset in your portfolio. the problem is that those asset allocations and those newfangled derivatives have an inflationary effect on the price of food globally. host: here is the first call for you from georg
thing i'm not really afraid of us in this world are the rating agencies. >> only because the euro is so weak, the chinese are where they are. we can't depend on the rest of the world being feckless forever. >> people like me have been saying for five years, don't worry about these deficit things for the time being. they're not an issue. other people have saying imminent crisis, imminent crisis. how many times do they have to be wrong and do people like me have to be right before people start to believe in us? >> you're right until the day you're wrong, and that's a bad day. >> and he's on the sides of buses in spain. there we go. >> he's huge! >> paul krugman. >> thank you so much. >> this is fascinating. you've got to come back. it's great to have such diversity of thoughts. i'm serious. >> come back. >> spirited. >> the book is "end this depression now!" out in paperback. read it. we'll talk about it more. >> you're too early in the morning. >> you think so? >> yeah. >> why? >> the viewers may like it, but i don't. >> class doesn't start this early. >> oh, my goodness. >> we'll have y
feature for all economies, particularly the advanced economies. as far as the euro area is concerned, we feel that a lot has been achieved in terms of policies, in terms of new tools in the tool box that europeans have available to fight crisis. yet fire walls have not yet proven operational. progress needs to be made on banking union and clearly continued, if not further monetary easing will be approved in order to sustain demand. for the united states, we think that all sides should pull together in the national interest, avoid further avoidable policy mistakes that is threatening -- that is continuing to agree on the debt ceiling and reaching agreement on the medium term debt reduction that i mentioned earlier. for the non-events economies, i am putting together the emerging markets as well as the low income countries, clearly, those countries are fearing a much better case in terms of growth. but everywhere i have travelled in the last few months, in africa, in latin america, and in asia, there has always been a concern about the lack of decisive action to address the advanced econom
in not euro speeches from the last six years, starting with ronald reagan's a dress from 1981. though clinton in 1993. white eisenhower in 1957. harry truman, 1940 nine. 1960 nine, richard nixon, then president kennedy in 1961. george w. bush in 19 99. lyndon johnson that from 1965. jimmy carter from 1977. we will wrap up with george w. bush from 2001. starting tonight at 8:00 pm on c-span. >> i barack hussein obama do solemnly swear -- , --[no audio]>> the official swearing ceremony at the white house before noon eastern. our coverage includes your phone calls and a look back at the 2009 presidential inaugural address. the public and inaugural ceremony will be swearing in at noon eastern at the us capitol and other festivities, including the capitol luncheon and parade. live coverage begins at 7:00 a.m. eastern time. join the conversation by phone, facebook, and on twitter. >> you can see the crews finishing up work between the white house and the capitol getting ready for the inauguration. you can see in front of the white house off of the inaugural parade on monday. some of the finishing t
. as teens, you know, we're so used to that, that euroing i dok it's at all strange. >> this doesn't shock you that this guy thought he had a girlfriend and never met her. >> unfortunately, no. >> sam. >> what's different about our generation we don't group online relationships and interpersonal relationships differently and think they're the same thing. we talk to someone online, text th them, e -mail them. >> talking about a girlfriend. would either of you label someone online a girlfriend or boyfriend you never met in person? >> absolutely not. >> one thing i say with manti te'o one thing he differe differentiated. he forget the personal part. >> we wouldn't do that. >> the dismiss that. >> i will bring you in, in a second, doctor. we asked our viewer, more than 25,000 responded. are you surprised someone can develop an emotional relationship with someone online, 76% said now and 24% said yes. >> their generation doesn't know life without the internet, texting, facebooking, this is how friendships and relations p relationshirelationshi relationships develop, you and i know getting on t
euros. according to polls, most citizens agreed with this. entrepreneurs have gone wild, saying this would further kill any innovative spirit here and driving already an estimated thousands of wealthy or wanna-be wealthy people out to switzerland, london, including gerard -- the french film icon who starred in "green card" is now bidding adieu to france for belgium which doesn't have a movie theater but is full of tax exiled millionaires. the government has said it unpatriotic, but he equally slammed them, causing an uproar here. >> the problem is france is not a fiscal cliff. it's sort of like fiscal quicksa quicksand. bit by bit, the french are losing confidence. instead of doing what we do in the united states or what they do in britain which is to say you want to work hard, you want to make money, you will be rewarded. >> reporter: it would affect a few thousand people but was shot down because it targets individual instead of household income. the government said it will find a way to enact it in some form this year while other taxes also rise. today in france, the rich are
Search Results 0 to 36 of about 37 (some duplicates have been removed)